Fresh $1.5 XRP Roadmap Analyzes Key Triangle Pattern Break; Shiba Inu (SHIB) Whales Disappear From On-Chain; Bitcoin Is Now Firmly Upward: CryptoQuant Reviews Whale U-Turn – Morning Crypto Report

TL;DR

• Bitcoin Supply Shock: Whales defended the $60,000-$61,500 zone and moved 11,400 BTC to cold storage, driving prices back up to $65,704.
• XRP Symmetrical Triangle: Price is compressing at $1.13 with high whale buying volume, while Ripple plans for a U.S. banking license.
• SHIB Whale Disappearance: Private large holders moved to the sidelines as Binance and Wintermute took over the remaining token flows.
• Macro Risk Ahead: Markets stay cautious ahead of the June 17 FOMC meeting and a June 19 Middle East peace treaty signing.

XRP tests $1.13 one step away from triangle breakout

XRP’s technical picture has entered a compression phase inside a symmetrical triangle, a breakout from which, according to Ali Martinez, could trigger a rapid price move. On the hourly chart presented by the analyst, the coin presses close to the $1.128 mark, forming a classic spring before a strong impulse.

While retail traders are debating whether the coin has enough strength to overcome local resistance at $1.20, large players are already using this calm as a tactical window for accumulation. 

The real fuel for a potential rally is not so much technical analysis as tectonic shifts in the coin’s ownership structure – daily trading volume of $1.5 billion comes alongside aggressive buying from whale addresses, which has already lifted XRP’s market capitalization to $70 billion.

This balance of power on the chart did not mature in a vacuum, but against the backdrop of serious fundamentals. Company CEO Brad Garlinghouse said on CNBC late last week that the target is a new all-time high, backing those words with preparations to obtain a full banking license in the U.S. and the boom in real-world asset tokenization on the XRP Ledger.

Still, short-term buyers should not lose vigilance, as liquidity depth near $1.20 indicates that profit-taking by speculators could temporarily send the price back toward support at $1.11, turning the path to the psychological target of $1.50 into a drawn-out battle amid elevated volatility.

While Shiba Inu whales sleep, Wintermute and Binance divide trillions of tokens

All major activity in the Shiba Inu (SHIB) network over the past week was concentrated exclusively around the largest centralized exchanges and market makers, as fresh on-chain analytics data from Arkham Intelligence points to the “disappearance” of whale holders of the meme coin.

If large private holders dominated the market at the beginning of the month, the situation had completely changed by mid-June. Whale activity peaked on June 3, when the mega-inflow to their wallets exceeded 1.8 trillion SHIB.

However, immediately after that, on-chain flow charts flattened, while transaction volumes from large investors fell to modest hundreds of billions of coins. As whales moved into the shadows, the main token flows over the past seven days were absorbed by trading platforms and institutional players.

According to Arkham, the main inflow address was Binance’s cold wallet, 0x5a5, which received a colossal 24.45 trillion SHIB worth about $114.93 million over the week. Asian platforms and U.S. brokers also showed high activity.

Market maker Wintermute took a special place in the weekly structure. Its Binance-linked deposit address, 0xEae, received 350.9 billion SHIB, or $1.68 million, while the company’s own hot wallet, 0xf81, received another nearly 240 billion coins, or $1.15 million.

The general decline in interest in the token from real investors is also confirmed by CoinMarketCap market metrics. As of June 15, SHIB’s daily trading volume-to-market capitalization ratio stands at just 2.78%.

Together, these factors point to a classic summer slump. Trading volumes have deflated, independent whales have taken a wait-and-see position ahead of new market triggers, and current life in the network is being supported only by technical transfers from exchanges and market makers maintaining basic order books.

Whale U-turn: How large players bought the panic and defended Bitcoin at $61,000

While retail traders gave in to panic at the local bottom, the largest players staged a hidden coin vacuum, and within just a few days, whales fully absorbed supply, creating an artificial shortage on exchanges, according to Woominkyu from CryptoQuant.

According to the analytics platform, the 12-day downtrend in holdings among large holders officially reversed upward. An interesting marker is the Inflow CDD metric, which reflects sales of “old” bitcoins and collapsed almost to zero – from 2.16 million to 33,000.

This means that long-term investors have fully locked their wallets and refuse to sell the asset at current prices. Instead, whales activated aggressive buying at the $61,453 mark.

Their presence on exchanges, measured by the Exchange Whale Ratio, jumped to 62.3%. As a result, more than 11,400 BTC, or about $700 million, was withdrawn from trading platforms to cold wallets.

Such a powerful outflow triggered an immediate supply shock, according to the analyst – a shortage of supply on exchanges that literally pushed the price back to $65,704.89.

Analysts agree that the phase of coin transfer from weak hands to strong hands is over. 

The $60,000–$61,500 zone now acts as a reinforced concrete price floor. Given the total exhaustion of exchange reserves, the market has cleared out excess ballast, and the path of least resistance for Bitcoin is now directed exclusively upward.

Crypto market outlook: Bitcoin storms $66,000 under extreme fear ahead of FOMC and peace treaty

The Bitcoin and broader cryptocurrency market is showing a recovery rally as geopolitical tensions ease. Nevertheless, caution remains palpable ahead of key macroeconomic data and central bank decisions later this week.

Key checkpoints:

• FOMC decision in focus: On Wednesday, June 17, the FOMC meeting and Fed press conference will become the main trigger for markets. Investors fear hawkish rhetoric because of inflation and the updated dot plot. Any hints at a prolonged period of high rates could instantly erase the recent rally.
• Bitcoin tests rebound zone: BTC reclaimed the $65,800 mark as news of a peace agreement increased global appetite for risk. This strong upward move triggered a major short squeeze, liquidating about $150 million in short positions across crypto assets. Still, the Fear and Greed Index remains at 20, or extreme fear, indicating that large players continue to hedge risks.
• Ceasefire political trigger: The final trend reversal depends on Friday, June 19, when the official signing of the Middle East peace agreement is expected to take place in Switzerland. Full optimism will return only after the signatures are in place and the Strait of Hormuz begins to open.

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